European Satellite TV Operators Planning to Consolidate

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2Q 2014 | IN-1019356


BSkyB Looks to Acquire Sky Deutschland and Sky Italia


European satellite TV giants are in consideration to consolidate to form a single European Sky brand. The United Kingdom’s pay TV operator BSkyB recently confirmed that it is in talks with 21st Century Fox to acquire the latter’s stakes in Sky Deutschland and Sky Italia. 21st Century Fox owns 57% stake in Sky Deutschland and 100% of Sky Italia. It also owns 39% stake in BSkyB at present.

According to BSkyB, the discussion is only at the preliminary stage, and it is not yet certain that the merger will take place. If BSkyB buys both Sky Deutschland and Sky Italia, total investment value will be worth roughly US$14 billion.

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